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Nabaltec AG (NTGG.F)

NTGG.F on Frankfurt Stock Exchange

14.44EUR
7 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Nabaltec H1 revenues up at 84.0 million euros
Tuesday, 30 Aug 2016 05:00am EDT 

Nabaltec AG : Nabaltec sets a new revenue record in the first half of 2016 . H1 revenues up 8.0% over year before, to 84.0 million euros ($93.82 million) . EBIT of 5.0 million euros in Q2, up from last quarter and same quarter of last year . Nabaltec will continue to refrain from issuing a quantitative revenue and earnings forecast for 2016 due to fact that Chapter 11 bankruptcy proceedings are currently pending for key supplier in US .At present, company is not expecting significant revenue losses.  Full Article

Nabaltec says US unit affected by plant closure of its most important supplier
Tuesday, 2 Aug 2016 11:58am EDT 

Nabaltec AG : US subsidiary Nashtec LLC affected by the plant closure of its most important supplier; supply of Nashtec customers ensured . Sherwin Alumina Company, LLC, announced on Aug. 1, 2016 that it plans to discontinue production . Production is to be discontinued through end of August 2016 . As a result, Nashtec LLC will lose its supplies of raw materials as well as its access to infrastructure and will therefore have to temporarily halt production in September .Because of Sherwin Alumina's Chapter 11 bankruptcy procedure, Nabaltec has refrained from issuing a revenue and earnings forecast for 2016.  Full Article

Nabaltec expects to post moderate growth in 2016
Tuesday, 31 May 2016 04:05am EDT 

Nabaltec AG : Earnings per share were 0.22 euros ($0.24) after first three months of 2016, down from 0.26 euros in first three months of 2015 .Company expects to post moderate growth for 2016 as a whole.  Full Article

Nabaltec comments on FY 2016 outlook; to propose dividend
Friday, 29 Apr 2016 04:00am EDT 

Nabaltec AG:To propose a dividend of 0.15 euro.Says able to continue good business performance of previous year in FY 2016 and expect moderate revenue growth.  Full Article

Nabaltec says Johannes Heckmann new CEO effective Jan. 1, 2017, Guenther Spitzer planned new CFO
Thursday, 25 Feb 2016 07:40am EST 

Nabaltec AG:Planned Management Board change and appointment of new members on Jan. 1, 2017.Gerhard Witzany plans to resign from the Management Board at the end of 2016 due to age reasons.Supervisory Board intends to extend the term of Management Board Member Johannes Heckmann by five years and appoint him Chairman of the Management Board (CEO) as of Jan. 1, 2017.To succeed Gerhard Witzany, Supervisory Board intends to appoint two longstanding employees to the Management Board: Guenther Spitzer will serve as CFO, and Michael Klimes as COO.  Full Article

Nabaltec to form a wholly-owned subsidiary in Tokyo
Monday, 15 Feb 2016 04:17am EST 

Nabaltec AG:To form a wholly-owned subsidiary in Tokyo.‍Formation will take place in Q1 of 2016​ ‍.Business in Asian market to be expanded​.  Full Article

Nabaltec says ‍current supply of Apyral 40 CD for its customers is secure​
Friday, 15 Jan 2016 06:12am EST 

Nabaltec AG:‍Current supply of Apyral 40 CD for its customers is secure​‍.Expects that Sherwin will supply Nashtec with aluminum hydroxide under terms of existing supply agreement between Sherwin and Nashtec​.  Full Article

Nabaltec AG confirms FY 2015 outlook
Tuesday, 24 Nov 2015 04:00am EST 

Nabaltec AG:Still expects EBIT margin of around 10 pct for FY 2015.Revenue forecast for FY 2015, calling for growth in mid-single digits, is confirmed.  Full Article

Nabaltec confirms FY 2015 revenue forecast, raises FY 2015 earnings forecast
Tuesday, 25 Aug 2015 04:00am EDT 

Nabaltec AG:Earnings forecast raised for FY 2015 as a whole.Until now, company had projected an EBIT margin for FY 2015 in line with last year's margin, in amount of 8.9 pct; it now expects to exceed this figure.Expects an EBIT margin of around 10 pct for FY 2015.Revenue forecast for FY 2015, calling for growth in mid-single digits, was confirmed.FY 2014 revenue 143.3 million euros.FY 2015 revenue estimate 154.98 million euros - Thomson Reuters I/B/E/S.FY 2015 EBIT margin estimate 9.9 pct - Thomson Reuters I/B/E/S.  Full Article

Nabaltec AG confirms FY 2015 outlook
Tuesday, 26 May 2015 04:00am EDT 

Nabaltec AG:Confirms its previous forecast for present year FY 2015, which calls for revenue growth in mid-single digits and an EBIT margin in line with last year's margin.FY 2014 revenue 143.3 million euros.FY 2015 revenue estimate 154.55 million euros - Thomson Reuters I/B/E/S.  Full Article